Skip to main content

About your Search

20130113
20130121
STATION
LANGUAGE
Search Results 0 to 17 of about 18 (some duplicates have been removed)
CNBC
Jan 14, 2013 7:00pm EST
. that's one of those fronts. there are a lot of others. and again, president obama refuses to talk about any of them. he doesn't think we have a spending problem. well, then why is our nation hitting the credit card limit again? because the government is spending too much. we have to solve that problem. >> many thanks. appreciate it, sir. >> great being with you. >>> let's bring in our panel to talk about this. we have molly ball with the atlantic. kate, author of "divider in chief." and robert costa from the national review. if i wanted a deal, i wouldn't insult, demonize and pound away at the opposition. he certainly to use a cnbc phrase is not rising above partion. where does he get off doing this? >> larry, this is the politics of what happens in washington. president obama went to the podium today and he outlined the hard-line position. this was red meat for the liberal base. we know though just as we saw in the fiscal cliff that a deal will have to be struck to avoid a government shut down. i think he ultimately he will come to the center, depends how much. >> kate, i don't t
CNBC
Jan 16, 2013 1:00pm EST
barack obama wants it talk about me in the state of the union speech, i will make an exception to my rule. >> that will be icky. >> based on goldman and morgan's good earnings, is wall street -- is wall street, look at that, did wall street ever go away, jane? >> not out where i live. people are like, what do you mean wall street went away? when was there suffering back there? oh, jamie dimon's pay is cut to only $11.5 million. oh, sorry. did anyone in the mortgage crisis go to jail? i never saw it go away. >> john carny. >> one thing they didn't do is pay their people as much as they used to p.m. banks used to pay out to 50% of profits or revenues right back into themselves, their own employees. out in ratios of compensation are way down. even goldman sachs is way below 40%. >> wow. >> all right. >> i know. >> let's move to a topic that we talked about guns. money and now butter. new research suggesting that aspiring ceos need to layoff the fries, fatty foods. but does anyone really care if a ceo is fat or skinny so long as they deliver the bacon, john carny? >> i think they do. rig
CNBC
Jan 21, 2013 4:00am EST
and we'll talk about just what we've seen with president obama's first return to office and what we've might see for the next four years. and with more people looking to move their money out of bonds and maybe into equities, is it time to look at european stocks? there's plenty more of is that discussion on our website, cnbc.com. >>> german chancellor angela merkel lost a key regional vote in lower saxony. the bellwether for germany's upcoming national election. you can read about that over on our website and the world economic forum, davos kicks office later this week as global leaderes and politicians descend on switzerland to discuss world affairs. cnbc asks is davos the place for responsible capitalism or is it snow polo for the super rich? what do you think? >> i think we have to give them the benefit of the doubt. at least for the time being. let's talk again later in the week. >> are you going? >> no, no, but i'll be watching you. >> excellent. good answer. there's plenty more at cnbc.com if you want to see more for that coverage. and coming up, a 2% inflation target in japan. i
CNBC
Jan 17, 2013 11:00pm EST
these themes. i'm talking about the incredible rally in the temporary staffing companies. companies that provide temps to other businesses and how it's being fueled in part by the pending implementation of obama care next year. which is one of the themes i told you about last week, the government made me do it theme. the staffing companies are in flago right now. and i think they'll stay that way for the rest of the year. the reasons? some has to do with anticipation of the obama health care act, which i'll talk about this in a minute. they are ultrasensitive to changes in the labor market. temporary employment is more cyclical than regular labor market. temps are the first to get fired in a downturn and the first to be hired when the economy comes back. and coming back is exactly what the economy is doing right now. ♪ hallelujah just today we saw the jobless claims drop to the lowest level in five years. >> house of pleasure. >> plus, while full-time employment was only up 1.4% in 2012, the total number of temporary employees increased by 6.2. that rapid growth is expected to con
CNBC
Jan 18, 2013 1:00pm EST
and it appears he fell badly. the love did not rub off of oprah on to lance. >> let's talk about the inauguration monday. barack obama. take a look at the official white house photograph from 2009 and now in 2013. the presidency does age us, isn't it, neil? >> it certainly does. almost as bad as trying to run a media website. but seriously, obviously, when you see these pictures, before and after the presidents, you're like wow, i'm glad i didn't get a day older myself. it is a tough job and obviously particularly partisan, nasty. sort of things that tear at you internally. that's what's been going on the last four years. you got to feel for the guy. >> let's not go back to 2007 when we met. >> it is like dog years. salt and pepper looks okay on him. when i'm 51, i hope i'm in raz descent of shape. >> yeah. good basketball player. >>> quick programming note. on monday, we will have special coverage of the second inauguration of president barack obama. beginning at 11:00 a.m. eastern on monday here on cnbc. simon? >> in the meantime, millions of dollars worth of classic cars on the au
CNBC
Jan 21, 2013 11:00am EST
or not? is it going to continue? he ran for president twice on his own, unsuccessfully. barack obama selected him, by all accounts has been very satisfied with his performance. you hear some talk about joe biden running for president. i personally wouldn't expect it, but can't rule it out. jared, you worked for him. >> i personally wouldn't expect it either, but exactly what you said. you never want to rule these things out. i think politicians at that level think about being the president. it's just a natural thing. one thing i will say about vice president biden is, boy, is his stock riding high. he has been integral to so much during that first term. some of it you didn't see early on or you didn't see much of. marshaling the recovery act. but in recent months obviously -- >> and he was the dealmaker. he was the one who sat down with mcconnell, and mcconnell said get me biden. >> he's got these old-school skills that have turned out to be extremely important lately. >> one other thing, to the extent -- back to the original question about what the administration or the president co
CNBC
Jan 17, 2013 2:00pm EST
baylor. austin ghoulsby, obama's economic adviser, he was more closely in line with helping people make their decisions. >> go i head, sorry. >> this is getting worse with time when you talk about the consumer and one for instant gratification. when you think about it, a lot of people say, i'm not going to wait on line because i can go on-line and shop in my comfort of my own home. it is getting worse and worse. and economics change with that. >> i think that's exactly right. i think there is this old sense that psychology is psychology and economic is economics and neurology is neurology. they wsht allowed it play with each other and learn from each other. economists are good at explaining about why we make decisions and how we choose. they don't just listen to classical economic series. they use psychology. they say, how are our biases decisions make me rational and -- >> every watch irof cnbc has to ask themselves. which is when we record a news event, has the market perfectly priced in the value of that news event? has it overpriced it as the market been irrational or are has it bee
CNBC
Jan 15, 2013 9:00am EST
and weeks. >> that's interesting, because they obviously had a press release out this morning talking about u.s. sourcing, giving jobs to new -- to returning veterans off of active duty. that got active praise today. it seems like something they would want to talk about. >> certainly. even michelle obama was offering, you know, her support saying she wants other retailers involved as well in this program. i'm not sure what happened. >> i am assuming they don't want to put themselves on television because. gun debate that is raging at the moment. it's a very difficult subject for the largest seller of weapons in the united states. if you look at what happened in the wake of the shooting that we had here, they removed the bushmaster ar-15 that killed 26 people from their website. and yet we're still selling semiautomatic guns, and many guns sold out of the semiautomatic guns and they say they're not prepared to change their gun mix. they're right in the heart of that debate as the largest licensed gun seller in the united states, as we get moves almost by the hour. the white house tryin
CNBC
Jan 15, 2013 4:00am EST
avoid any political agenda. president obama again rejected any negotiation with republicans over the debt ceiling. i love the debt clock. it's almost as fast as the amount of money they're going to earn tr nike. >> and is we'll talk about that. >> meanwhile, fed chairman ben bernanke speaking monday warned the u.s. economy isn't out of the woods yet and is still at risk from political gridlock. >> raising the debt ceiling, which congress has to do periodically, gives the government the ability to pay its existing bills. it doesn't create new deficits, it doesn't create new spending. so not raising the debt ceiling is sort of like a family trying to improve its credit rating saying, i know how we can save money, we won't pay our credit card bills. not the most effect of way to improve your credit rating. >> ben bernanke says the u.s. economy appears to be willing to raise the debt ceiling. it's downplaying fierce that this could lead to higher inflation. >>. >> what do you think? >> well, i think, you know, what we've seen in the beginning of the year, like the solution of the fiscal
CNBC
Jan 17, 2013 7:00pm EST
small business. finally, president obama, please, ease up on all the regulations. i want to talk about this because nobody should be satisfied with 2% growth. let's talk to our friend dean baker from the center for economic and policy research. welcome to both of you. all right, dean, i think 2% is way too low. i think we should be striving for something that's more than twice and that history of america. why can't we get there? >> i agree that's way too low. your policies, they tried that unity, they're back in recession or maybe they're scraping along. that's not going to do it. the story here, two issues. one, we are going to see slower growth because we have lower population growth and that's because people didn't have kids 30 years old. i don't know if you want to blame president obama for that, that's strange, but you can do so. this was a qualitatively different type of recession. he had a housing bubble, it collapsed. that was not the nature of the recession in '74, '75, '81, '82. those were easy to get out of. easy to have strong growth because the fed deliberately raised inte
CNBC
Jan 15, 2013 7:00pm EST
done this already under entitlements. >> that is the big question. will president obama compromise? >> i'm not sure he is going to compromise on this debt ceiling fight. it is important to talk about the broader contours of this actual debate. a year and a half ago we had an increase of 1 $2.1 trillion. and we are through that. and now we are up to $17 trillion. so, in my view to be candid. there is only one party that is remotely serious about dealing with this party. if we are talking tactics, what do you do if you are house republicans? you have leverage. you have talked about them already on this show. one of them is the debt ceiling fight. and the final one is the continuing resolution which is the stop gap thing because we haven't had a budget for four years. i agree with you. i think the president has the high ground there. he has a big weapon in his arsenal there. you have to give the president his way on that. >> if you pay the debt but you have to apportion out the money, the term for that is default. >> mark, my basic view is this is going to get done. but i'd like to mo
CNBC
Jan 16, 2013 7:00pm EST
know. i usually oppose mr. obama's economic policies. on this one he laid them out. let's have a talk about it. if we can come up with something better fine. anyway thank you ben, thank you la smp lars, thank you nan. >> the faa just announced grounding the 787 boeing dreamliner until further notice. how crushing is this for boeing. the big airlines themselves, phil lebeau has a live report for us in just a moment and later in the show the debt battle seems to be tearing conservatives apart. once between i say do not play chicken with the debt ceiling and risk a default. by free market coke brothers agree. a new team of conservatives seems to be ignoring that advice and i think they are wrong but we'll debate it and don't forget, folks, free market capitalism is still the best path to prosperity. this is still the greatest country in the world. let us figure out our problems and we'll continue to greatness. i'm kudlow. we'll be right back. officeyour business needs...k... at prices that keep you...out of the red. this week get a bonus $15 itunes gift card with any qualifying $75 ink p
CNBC
Jan 16, 2013 6:00am EST
really -- you know, you can't do it. you can't say, i'm not going to talk about this, i refuse to be a banana republic, especially when you voted for refusing to raise the debt ceiling in 2006, talking about president obama. >> let me give you a history. when i came to the congress in 1977, one of the first days i was there, tip o'neill saw me, said, you look like a nice young guy, we need somebody to carry out the trash. he said carrying out the trash is passing the debt limit increase. i spent five years. this is a crazy story, doing little else than going to my colleagues in the domestemocraty to get a vote in the debt ceiling. everybody wanted to vote against it because it could be used against them in the election. everybody knew it had to pass and every time it would pass by one or two votes after i worked on it for weeks and weeks. i said, this is crazy. everybody knows you have to pass it, you already spent the money, like going in a restaurant and saying, i don't want to pay the bill. that's cracrazy. we passed something called the gephardt bill when you pass the budget, you p
CNBC
Jan 18, 2013 7:00pm EST
. john mackey. and he's making news again with his opposition to obama care. he's about to join us next. malu turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. sven gets great rewards for his small business! how does this thing work? oh, i like it! [ garth ] sven's small business earns 2% cash back on every purchase, every day! woo-hoo!!! so that's ten security gators, right? put them on my spark card! why settle for less? testing hot tar... great businesses deserve great rewards! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? here's your invoice. >>> outspoken whole foods ceo john mackey is no stranger to controversy. remember his 2009 "wall street journal" op-ed calling for obama care repeal. well, he's back at it. this time he said obama care is worse than socialism
CNBC
Jan 15, 2013 4:00pm EST
size you're expecting because of all the wranglings in washington. what you're talking about, ed, is an opportunity for businesses and washington to work together on energy. we're not seeing that. >> obama has been more energy friendly than people would like to admit. numbers back it up. production doing very, very well when he's been in office and the other thing i'm saying -- >> what about the keystone pipeline? >> nothing has come of it yet, but let me tell you there are other pipelines producing pretty well without that pipeline. we're talking 16% last year, 14% increase this year, another 10% the year after that. we're going to look at almost a 50% increase in oil production in four years in the united states so something seems to be working and it's not -- washington can't seem to stop it because the technology and the raw materials seem to be there. >> despite, despite washington. >> david, jump in here. how are you investing today? >> well, you know, we've talked about the vix earnings. right now we're coming off a trough in the third quarter. we don't expect much more earnin
CNBC
Jan 18, 2013 6:00am EST
people that will argue that we don't have a spending problem, that president obama said we're going to have an economist on today on how you get -- you know, we're going to talk to him. he says the one thing that would hurt the economy is in cuts in social security or medicare or medicaid. any type of reform to those things. >> to the true liberal -- >> other than raising taxes up to the level where you fund the promises that we've already made. the entitlements that we've already made and the guarantees we've made, they just want to raise taxes on somebody. i don't know who, to the point where we never actually reform medicare, medicaid or social security. >> the question i want to ask him, is there ever a time that he's making, is it now given where we are in the economy? >> well, the question is, you put in a hundred and you take out 400 in medicare and the government covers 300. >> and it makes no sense. >> well, no, but there are people that think that the government's roll is to provide that 300. and so we should raise taxes to the point where you -- it doesn't matter that you --
CNBC
Jan 14, 2013 9:00am EST
hand. but i talked to several fed officials about prior debt ceiling showdowns, and they said the fed said there would be no way to proceed without money in the treasury. we'll see what president obama says in his press conference, if he ratchets up the rhetoric this morning. he's been clear he would negotiate only spending cuts, but not in context of the debt ceiling debate. simon? >> okay. >> steve, are we all agreed on what the word default means in this case? we're going to be talking about it an awful lot. >> great question, carl. it's a political question. you can default on the interest payments, and that's a sort of, i guess the technical or legal version of default. or you can default on obligations. in other words, the government incurs a debt, but doesn't pay it. that's of a different order of magnitude from defaulting on the interest payments on the debt. in general, the white house wants you to believe that default is everything. and it's a terrible, terrible thing to happen. where as i think the republican point of view is more narrow, that you can default on other payme
Search Results 0 to 17 of about 18 (some duplicates have been removed)